Housing Loan "New Home"
If you have already taken the decision to buy or build a home for your family and you, New Home loan is exactly for you.
We at ProCredit Bank understand that buying a home is an important step and we are going to be there for you at all stages of this process.
Our Advantages:
- a fixed interest rate for the first 10 years to ensure yourself peace of mind and to plan your costs in the long term
- preliminary approval - you get an approval for a loan and then you can choose your home freely and calmly
- аdditional financing, if your new home needs energy efficiency improvements.
Conditions
| Maximum financing | Up to 80% of market value of the property used as collateral |
| Currency | BGN or EUR |
| Loan period | Up to 240 months |
| Application processing fee | BGN 150 |
| Creditworthiness assessment fee | BGN 150 |
| Disbursement fee | Free of charge |
| Early repayment fee (full/partial) | 1% if the repayment takes place within the first 12 months; |
| Management fee | Free of charge |
| Fee for change of the loan conditions | 0.50% over the amount due (min. 50, max. 500 currency units) |
| Interest rate | Floating interest rate or Fixed interest rate for the first 10 years period, according to our Interest Bulletin |
| Collateral | Mortgage on newly purchased real estate, or other real estate Choose between:
|
| Collateral valuation fee | Please see the  Bank's price list |
| Fees related to issuance of documents for registration/deletion of mortgage | Please see the Bank's price list |
| Other conditions | The age of the borrower may not exceed 65 years before maturity of the loan |
| More information | Information Sheet |
Example
| Loan amount | EUR 50 000 |
| Loan period | 15 years |
| Annual interest rate in the case of salary transfer in the Bank | min 2.25%**, 6-month EURIBOR and a surplus 2.25% |
| Equal monthly installment for the first 6 months | EUR 328.31 |
| Total amount due (principal, interest and fees) | EUR 60 760.97* |
| Annual percentage rate (APR) | 2.73%* |
* With all fees and commissions due included (incl. one-time collateral valuation fee /apartment/, application processing fee, creditworthiness assessment fee, fees related to issuance of documents for registration/deletion of mortgage, yearly property insurance fee, a monthly account maintenance fee and fee for opening of an account).
** For borrowers with a monthly income above BGN 3 000.
Apply online
Submit your online loan application form.
